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Education loan for MBA will help you tide over financial contingencies

An education loan for MBA takes complete care of your tuition fees, exam fees, hostel and mess charges, books, equipment, uniform, laptops, study tours, project funding, and all study related expenses. Some companies will also offer traveling expenses to a certain extent.

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Education loan for MBA will help you tide over financial contingencies

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  1. Education loan for MBA will help you tide over financial contingencies

  2. Experts say an ideal cost to pursue management studies in India is anywhere around 10-15 lakhs and if you’re planning to study in dream destination that it can costs you a bomb of around 30-40 lakhs. This raises an alarming bell in the minds of parents and students who get suppressed due to financial obstacles.

  3. An education loan for MBA takes complete care of your tuition fees, exam fees, hostel and mess charges, books, equipment, uniform, laptops, study tours, project funding, and all study related expenses. Some companies will also offer traveling expenses to a certain extent. The overall study costs along with living costs, fees for GMAT with only add to the worries.

  4. The repayment of education loan for MBA can be started after six months to one year of the course completion and it’s termed as moratorium period. Experts’ advice it would be great if the individual opts for a part-time job and start paying the interest rate along with course completion. It can significantly bring down the loan costs.

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